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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ihor43us who wrote (39164)2/12/2005 12:41:41 PM
From: GREENLAW4-7  Read Replies (5) of 206223
 
Looking for OPINIONS!!!

This site is very quiet as OSX breaks out to new highs on a daily basis. Its now in one of its strongest rallies in the last several years but so many folks are saying nothing.

Is this a TOP or NOT?? Looks to me funds rotated out of NASD and into Energy over last 5 weeks of 2005. That being said an this sectot handle such a move without a substantial pull back?

I find it funny to hear so many say 60BBL crude is coming and that 40-50 is the norm. Reminds me of when Crude crashed to 10 everyone said that was the top for the future.

i have been around here now since 97, whenI got caught in the OSX pump and made some nice clams but held one thinking these stocks were long term holds. I soon found out when Japan stopped drinking crude that OSX can take you down with it on a daily basis.

I still see similar action from the street, China's drinking it now, and OPEC is supplying as much as they can. When do we find out China is FULL??? Or is it a scenerio where China demand will take crude to 60BBL or higher?

Most know I am an OSX BEAR up here, but have stil held back from my usual large bets on the sector. I am now starting to wonder if this is an opportunity to get a quick swing to 115-120 area or are we on verg of 150-160 OSX???

this board is a lot more knowledgable then its howing as of late. I hope to read some compelling arguments on why this time is different then the last 3 cycles??
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